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Does it make sense for a company which assembles multiple outsourced parts to produce a whole unit finished product (i.e. automobiles, smartphones) to ensure all suppliers are ISO certified? Why or why not?
Two small open economies, Fixed and Flex, can be described by the Mundell-Fleming model. The countries are otherwise identical except that Fixed maintains a fixed exchange rate, while Flex maintains a flexible exchange-rate regime. The governments of..
Assume the supply function for good X can be written as Qs = -100 + 27Px - 5Py - 1.8W, where px=the price of x, Py=the price of good y, and w = wage index for workers in industry x. According to this equation: 1. each one unit increase in price cause..
If mortgage rate rises from 5% to 10% but the expected rate of increase in housing prices rises from 2% to 9%, are people more or less likely to buy houses? A lottery claims its grand prize is $10 million, payable over 5 years at $2 million per year...
Explain the logic of the Ricardian view of government debt and evaluating its practical relevance.
New york presbyterian hospital answer as per nursing employee. Do you see your employer focusing on cost cutting measures? Describe them. Are you happy with your employer? Why? Why not? Why should they value nurse employees? Describe the benefits.
The government of a nation established a price support for wheat. The government’s support price has been above the equilibrium price each year since, and the government has purchased all wheat over and above the amounts that consumers have bought at..
What is the difference between a mutual mistake and a unilateral mistake?
In recent decades, trade has been growing faster than income for many countries. What combination of trade effects is sufficient for this to come about? Is this behavior consistent with the Rybczynski theorem? Under what circumstances?
What will happen to the domestic trade balance following a devaluation of the domestic currency? Explain carefully the effects during the pass-through period, and be sure to explain why these effects occur.
1) What is the combined monthly credit card bill median (in dollars)?
Describe some of the reasons why supply will change. Improved technology typically results in lower prices for most products. Why do you think this is true?
If today's production of capital goods exceeds the depreciation of capital.
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